Tag: Bulk Shipping Freight Rate

On 18 April, the Baltic Exchange’s dry bulk sea freight index (BDI), reflecting supply-demand dynamics in global dry cargo markets, surged to a more than three-week high of 1,901 points, marking its highest level since 26 March. The overall index, which considered rates for capesize, panamax, and supramax shipping vessels, rose by 57 points or…